Northland Moves Forward on the Kaunisvaara Project and the Hannukainen DFS
Luxembourg, December 14, 2010 Northland Resources S.A. (TSX: NAU, OSE: NAUR, Frankfurt: NPK - "Northland" or "the Company") is pleased to announce that today the Board of Directors gave approval to begin the implementation phase of the Kaunisvaara project and to start the Definitive Feasibility Study ("DFS") for the Hannukainen project. "The Kaunisvaara project has received strong support from existing and new investors, off-take parties, vendors such as Caterpillar, and cross-border, local, regional and central authorities. In addition, discussions with the Mandated Lead Arranger